NOT LISTED FOR SALE

108 Philadelphia St Rehoboth Beach, DE 19971

Estimated Value: $1,316,000 - $1,379,000

6 Beds
3.5 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold July 24, 2020

Last sale price $1,245,000

Est. 8% increase in value since last sale

Current estimated payment $7,432/month

17 Days on Market

Highlights

  • No HOA
  • Cottage
  • Living Room
  • Rehoboth Elementary School Rated A
  • Built-In Features
  • Tankless Water Heater

About This Home

As of July 2020

Rare find in Rehoboth Beach! Just 1.5 blocks from the Atlantic Ocean and downtown boardwalk. This impeccably maintained 1927 coastal cottage offers two additional living spaces perfect for overnight guests or rental units. When you first come to the home you're welcomed in by a beautiful front garden and a leaded stained glass door. The wood floors running throughout the house are original, as well as, the built-in dining room cabinets which carry a mission style charm. Natural light everywhere streams through the wood framed windows. The fully renovated kitchen boasts high end upgrades with recycled glass counter tops, tiled backsplash, an induction oven, cork flooring and tankless water heater. Upstairs has a fully renovated main bath and one of 3 bedrooms is a converted closet. Enjoy great outside living spaces with an enclosed front porch or private back patio perfect for morning quiet times, afternoon reading or evening gatherings. Wash off in the outside shower and stow your beach gear in the dedicated storage area. The shared driveway leads you back to off street parking for two cars. Behind the main house is a 2-Story building with a 2-Bedroom Apartment upstairs including full-kitchen and enclosed 4-season porch area. The ground level Efficiency has a Living/Dining/Bedroom area, 3-season porch and kitchen with/refrigerator, microwave, stove and disposal. This fully renovated home has a newer roof and 1-year HVAC. It's charming and perfectly placed: once you've parked your car you'll never reach for your keys. It's just a short walk to Rehoboths' pristine beaches, mile long boardwalk and convenient amenities. This is a One-of-a-Kind Gem! Make it yours...Today!

Last Agent to Sell the Property

ANNETTE BATISTA

Coldwell Banker Realty License #RS-0023833 Listed on: 05/08/2020

Coldwell Banker Realty

Last Buyer's Agent

Ava Cannon

Jack Lingo - Rehoboth License #RS-0016508

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $797

Year Built

  • Built in 1927

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 27.00 x 145.00
  • Property is in good condition
  • Property is zoned TN 1270

Home Design

  • Cottage
  • Architectural Shingle Roof
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Living Room
  • Dining Room
  • Attic Fan

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Brick Driveway
  • Gravel Driveway
  • Shared Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Municipal Trash

Additional Features

  • Level Entry For Accessibility
  • Outdoor Shower
  • Dwelling with Separate Living Area

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 334-14.17-535.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$797

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage, Dwelling W/Separate Living Area
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Electric Fireplace in Front Home
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-05-08
  • Federal Flood Zone: No
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Exhaust Fan, Water Heater - Tankless
  • Interior Amenities: Attic/House Fan, Built-Ins
  • Fireplace: No
  • Levels Count: 2
  • Room Count: 13
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Efficiency (Additional), Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 108

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Asbestos
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Brick Driveway, Crushed Stone, Shared Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Water Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.08
  • Lot Dimensions: 27.00 x 145.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: TN 1270
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 722.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 797.00
  • Assessor Parcel Number: 334-14.17-535.00
  • Tax Lot: 33
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 07/24/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Adams Scott A
Bought by
Cotswolde Quay Llc
Current Estimated Value
$1,347,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$471,471
Interest Rate
3.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$798,029

Purchase Details

Closed on
Apr 18, 2018
Sold by
Cotner Zachery B and Cotner Katherine A
Bought by
Adams Scott A and Brey Patricia S

Purchase Details

Closed on
Jan 13, 1987
Bought by
Cotner Zachary B Katherine A Cotner
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cotswolde Quay Llc $1,060,000 Hudson Jones Jaywork & Fisher
Adams Scott A $785,000 --
Cotner Zachary B Katherine A Cotner $82,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotswolde Quay Llc $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $1,245,000 -10.8% --
05/26/2020 05/26/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $1,395,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,067 $16,400 $0 $16,400
2023 $1,066 $16,400 $0 $16,400
2022 $1,029 $16,400 $0 $16,400
2021 $1,020 $16,400 $0 $16,400
2020 $1,016 $16,400 $0 $16,400
2019 $1,018 $16,400 $0 $16,400
2018 $951 $21,650 $0 $0
2017 $910 $21,650 $0 $0
2016 $865 $21,650 $0 $0
2015 $826 $21,650 $0 $0
2014 $820 $21,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU160212

Bright MLS

APN: 334-14.17-524.00-4